Sunday, March 14, 2010

Is economics degree and finance degree the same?

is economics degree and finance degree the same once you get done with undergraduate? i can't get into my college's business school but i got into liberal arts economics major.

Is economics degree and finance degree the same?
No, they are not the same. I always explain the difference as follows: "Economics is an art, while Finance is a science"





An economic degree is typically part of a Liberal Arts education, where you will take courses in many different areas to get a well rounded education and a Bachelors of Arts degree. Finance is in the business school and you will focus on business types of courses and you will get a Bachelors of Science degree.





Even though you were not able to get into the business school, you may be able to take business courses as part of your economics degree. Also ask about what you need to achieve to transfer into the business school. I found that transferring between programs (economics to business) was much harder than transferring into the business school from outside (the school already has your money, while a transfer student is 'new money').
Reply:They are similar but they really look at the economy from very different perspectives. Econ major is usually more theoretical.


Most business firms would prefer Finance major. Some do hire Econ major and some even prefer Econ/non-business major because they think that all business majors have a particular mindset.


If you're really interested in Econ/Finance then I think Econ major will be a good choice for you. You can also try double majoring in Econ and Math.
Reply:no youre destined for failure in life. all companies know that econ majors are slackers and finance majors are winners


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